Scenario planning, strategy and performance. Evidence from complex settings

Author/s Filippo Zanin, Giulio Corazza
Publishing Year 2021 Issue 2021/2 Language Italian
Pages 18 P. 147-164 File size 277 KB
DOI 10.3280/MACO2021-002008
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This study embraces the scientific debate about the role that scenario planning tools play in the strategic planning process; moreover, this study also embraces the debate about how the use of scenario-planning tools impacts financial performance in complex settings. More specifically, the paper aims to provide answers to the following research questions: a) Does the use of scenario planning tools in the strategic planning process affect firm performance? b) Does the environmental complexity generate a moderating effect on the relationship between the use of scenario planning tools and firm performance? The authors carried out the empirical analysis by examining data acquired through the administration of a closed-question survey to 794 small-medium manufacturing Italian firms that operate in complex environments. Data analysis, carried out using statistical regression techniques, shows that: a) The use of scenario planning techniques in strategic planning processes generates a positive impact on firm performance; and b) the positive effect on firm performance that derives from the use of the scenario planning techniques is higher for firms that operate in an environment with a high level of intensity of change.

Keywords: Strategic planning, Business performance, Environmental complexity, Scenario planning.

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  • Value-based Management System e performance. Il ruolo di moderazione della strategia ibrida e della turbolenza ambientale Filippo Zanin, Giulio Corazza, in MANAGEMENT CONTROL 3/2024 pp.63
    DOI: 10.3280/MACO2023-003004

Filippo Zanin, Giulio Corazza, Scenario planning, strategia e performance. Evidenze empiriche in contesti complessi in "MANAGEMENT CONTROL" 2/2021, pp 147-164, DOI: 10.3280/MACO2021-002008